Ethylene prices slip in Asia amid weak demand sentiment
On Wednesday, despite a surge in upstream energy values, ethylene prices fell sharply in Asia.
Prices declined due to weaker downstream demand, with buyers showing limited interest in restocking ahead of the May Day holiday. This subdued demand environment continued to pressure the market
CFR South East Asia ethylene prices were assessed at USD 1345-1355/mt levels, a sharp drop of USD (-30/mt) from Tuesday’s assessed levels.
CFR North East Asia ethylene prices were assessed at USD 1315-1325/mt levels, steeply lower by USD (-30/mt) from the previous day.
